A new rideshare company, Tryp Rides, is soon to launch their particular service of 100% fare, tips and wait chargers for drivers in LA and Orange county. Drivers will no longer have just as much as 30% taken by companies such as has been occurring with Uber and Lyft. The underlying motive for drivers to switch is that they will need to work less hours to earn more money.
The company intends to launch the service in the next month and is also targeting the opening for first time drivers in LA and Orange counties while there is a dense population of both riders and drivers.
The services are also unique for riders because they get paid to share the app with some other friends, colleagues and family. Each time someone they share the app with uses the app to hail Tryp ride share, they earn $.40. This can generate a viral sharing frenzy to obtain people on the app, important to attracting the drivers. Tryp has communicated along with us they plan to launch sometime “within the next two weeks” in Orange County and L . A . in California. However, they have been heavily recruiting drivers in places like Atlanta, New Orleans, as well as any portion of the country they could get a hold of.
We made a decision to attend one of these presentations and record it for the notes. I quickly found a link that connected me to one of many 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking to find out more. The presentation itself lasts about an hour and a half and is nearly the same as the type of MLM presentation you would probably see from Vector Marketing (Cutco knives) or Herbalife, albeit modified to capitalize on the wonders in the modern internet.
What’s more, the presentation focuses heavily on recruiting other drivers. There is almost no mention of any rideshare-related details. Since the Rideshare Professor indicates, since this writing there is not any brick niljss mortar HQ, no offices, no downloadable apps, nor any proof of licenses. You can check out his thoughts on Tryp here.
Rideshare Companies are Tough – We’ve interviewed CEOs of rideshare businesses like Ride Austin and studied new entrants like Juno then one common theme is that the rideshare organization is very tough and incredibly expensive. Juno only gained market share simply because they were funded with millions of dollars and were able to subsidize rides – but since July 31, 2018 these were doing around 33,000 trips daily, when compared with Uber’s 453,000 trips each day. So despite all of that effort, these people were completely covered with Uber and even Lyft in just one city.
Tryp’s emergence should prove that it’s very easy to get drivers to sign up with a company but getting passengers is the place where the true companies separate themselves from the others. There’s a reason why most drivers prefer driving for Lyft over Uber yet they still do the majority of their rides with Uber – it’s because Uber is when the passengers are and so the cash is.
Why Does This Attract So Many Rideshare Drivers? It’s no secret that many rideshare drivers are unhappy with the direction they happen to be treated inside the gig-economy. It’s simple to prey on that sentiment by offering a quick solution that generally seems to offer drivers a way to solving their problems. For this reason it’s no coincidence that Tryp offers to provide drivers everything they’ve ever wanted with few information on how.
Prime Leads: We are already “entrepreneurs” who have taken a leap of faith and demonstrated a willingness to invest our very own funds in something. We have now taken the primary risk to even start driving for Uber and some of us are even comfortable being independent contractors. We even have experience referring people to drive for Uber to get a bonus.